Sheep; Live Price in the Dominican Republic - 2022

Sheep; Live Price in the Dominican Republic (CIF) - 2022

The average sheep; live import price stood at $52 per unit in 2022, shrinking by -5.2% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 10%. Over the period under review, average import prices reached the peak figure at $111 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.4% per year.

Sheep; Live Imports in the Dominican Republic

In 2022, the amount of sheep; live imported into the Dominican Republic soared to 926 units, with an increase of 115% against the previous year. Over the period under review, imports, however, continue to indicate a noticeable descent. Imports peaked at 983 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports surged to $48K in 2022. In general, imports, however, recorded a pronounced setback. Over the period under review, imports reached the maximum at $51K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.